BREAKING NEWS

Ukraine expects $3 billion US financial aid in August

Ukraine expects $3 billion of US financial aid to arrive in August and a further $1.5 billion in September, Finance Minister Sergiy Marchenko said on Thursday.

Marchenko said the payments were part of the $7.5 billion financial aid package agreed by Ukraine and the United States at the start of the summer and would be used to finance "critical spending" such as healthcare and pension costs.